Russian investors inject R100m to save the ‘failed’ Zebediela farm
A cash injection of R100 million from a Russian investor has helped to rescue a disastrous land restitution venture from collapse, saving hundreds of jobs and providing a financial lifeline to a poor community.
The growing success is a beacon of hope in the area of land restitution in South Africa, where more than 80% of commercially used land returned to its indigenous owners since 1994 has failed to stay economically active and provide a living for them.
Once one of the biggest citrus producers in the southern hemisphere, Zebediela Citrus Farm in Limpopo is now finally on the road to recovery, according to its occupants.
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